Operating since 2016, the Company wholesales packaging materials, such as bags, nets and films that are usually used for firewood or hay rolls packaging. The majority of the Company’s clients are Latvian firewood retailers. The Company is experiencing a healthy demand for its products and would like to supplement its inventory. Therefore the Company is seeking EUR 25,000 working capital financing for 24 months to purchase additional goods to sell. The loan will carry a 8.04% annual interest (0.67% monthly) with a monthly amortization schedule. The financing benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such guaranteed loan becomes default. In addition, a personal guarantee from the owner is provided.

There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:

• The loan benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such a guaranteed loan becomes default.
• A personal guarantee of the owner is provided.
• The Company has been profitable for the last 5 years.
• The Company has a solid equity-to-assets ratio of 32%.
• The Company is a repeated client of Capitalia with excellent payment discipline.